On 23rd May the Secretary of State announced £25 million of funding to provide up to £50 to members of the public wanting to get their old cycles roadworthy again through the Fix Your Bike Voucher Scheme and to help increase the provision of cycle fixing facilities across the country through the Big Bike Revival. We are aiming for applications for vouchers to open to members of the public as soon as possible.
With the help of representatives from the cycle industry, we have designed a scheme that is accessible to a wide range of types and sizes of businesses, including independent shops and SMEs, provided repairs are carried out by competent mechanics.
It is a requirement of the scheme that businesses have appropriate liability insurance to cover the repairs they carry out. This level of cover is an appropriate and standard form of insurance for the sector, and one which is easily accessible to businesses. We therefore expect that the great majority of bicycle repair businesses in England, SME’s included, will be able to achieve this requirement and participate in the scheme
The scheme opened to registration for bicycle shops on the 22nd of June and we have so far received hundreds of applications from businesses of all sizes. A list of participating businesses is available on the scheme website: fixyourbikevoucherscheme.est.org.uk/.